KIRBY
KIRBY is a Texas gas lease in Liberty County, Railroad Commission district 03, operated by Tema Oil And Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2003 to August 2026, totalling 325,349 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $2.1M, with roughly $472K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 816 thousand cubic feet a month. Its strongest month on the record we hold was September 2019, at 3,309 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about KIRBY
- Who operates KIRBY?
- KIRBY is operated by Tema Oil And Gas Company, Railroad Commission of Texas operator number 841329.
- Where is KIRBY?
- KIRBY is a Texas gas lease in Liberty County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 197424.
- Is KIRBY still producing?
- KIRBY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KIRBY is August 2026.
- How much has KIRBY produced?
- KIRBY has reported 325,349 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2003 and August 2026, from 1 wellbore.
- How much is KIRBY worth?
- The remaining production from KIRBY is estimated to be worth about $2.1M in total as of 27 August 2026, within a range of $1.7M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KIRBY is a fraction of it. The estimate fits an Arps decline curve to the production KIRBY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KIRBY is an estimate of value, not an offer and not an appraisal.
- How much income does KIRBY generate in a year?
- KIRBY is forecast to net about $472K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KIRBY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tema Oil And Gas Company |
|---|---|
| Field | Cleveland,S.(6550) |
| County | Liberty County, Texas |
| RRC district | 03 |
| Lease number | 197424 |
| Wellbores | 1 |
| Reported production | 325,349 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where KIRBY sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.